EUROPE PROTEIN SEQUENCING MARKET FORECAST 2020-2028

EUROPE PROTEIN SEQUENCING MARKET FORECAST 2020-2028

The Europe protein sequencing market is estimated to record a CAGR of 6.29% over the forecast period of 2020-2028. The factors boosting the market growth in the region are the rising government initiatives towards research and development and stable healthcare infrastructure. The protein sequencing market growth of Europe is researched further by segmenting the region into countries such as Poland, France, the UK, Belgium, Russia, Germany, Italy, and the rest of Europe.

The Europe protein sequencing market is estimated to record a CAGR of 6.29% over the forecast period of 2020-2028. The factors boosting the market growth in the region are the rising government initiatives towards research and development and stable healthcare infrastructure.

The protein sequencing market growth of Europe is researched further by segmenting the region into countries such as Poland, France, the UK, Belgium, Russia, Germany, Italy, and the rest of Europe. The UK’s market is witnessing a steady growth due to the unprecedented growth of the biotechnology sector in the country, with significant investment supporting a range of start-ups to tackle some of the world’s most critical healthcare challenges. There is a dual benefit for the investors of attractive potential returns, along with achieving a social purpose. Drug discovery companies are competing to generate next-generation antibiotics. Research and development are being carried out very strongly in the UK pharmaceutical industry. In Germany, the government, industry, and the research sector are striving together to build on the already flourishing biotech sector. The federal government launched a campaign to facilitate mutually beneficial R&D collaborations between India and German R&D companies and institutions.

The French market is showcasing a steady growth due to the research and development activities in the country. The use of artificial intelligence and big data in the biotech industry is propelling the market growth in the country. The Italian biotech industry has witnessed exceptional growth due to several factors such as the unquestionable excellence of academic and industrial research, and the ability of the Italian companies to turn innovation into valuable technologies and products.

Proteome Factory, is a contract research-based company, which deals with biomarker, proteomics, and target discovery and validation, protein identification, and characterization.

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